Barclays Regulatory News (BARC)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

DIRECT LINE INSURANCE GROUP PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

04 Mar 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

AGEAS SA/NV

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

Ordinary 10 10/11p

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

17,950,304

1.37%

14,343,719

1.09%

(2)

Cash-settled derivatives:

and/or controlled:

4,480,850

0.34%

16,429,551

1.25%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

22,431,154

1.71%

30,773,270

2.35%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

Ordinary 10 10/11p

Purchase

367,116

2.0980 GBP

Ordinary 10 10/11p

Purchase

311,316

2.1072 GBP

Ordinary 10 10/11p

Purchase

134,191

2.1281 GBP

Ordinary 10 10/11p

Purchase

90,134

2.1198 GBP

Ordinary 10 10/11p

Purchase

70,485

2.1048 GBP

Ordinary 10 10/11p

Purchase

26,213

2.1257 GBP

Ordinary 10 10/11p

Purchase

19,586

2.1562 GBP

Ordinary 10 10/11p

Purchase

18,690

2.1077 GBP

Ordinary 10 10/11p

Purchase

18,682

2.1182 GBP

Ordinary 10 10/11p

Purchase

17,138

2.0979 GBP

Ordinary 10 10/11p

Purchase

13,434

2.1448 GBP

Ordinary 10 10/11p

Purchase

12,803

2.1515 GBP

Ordinary 10 10/11p

Purchase

12,140

2.1406 GBP

Ordinary 10 10/11p

Purchase

10,828

2.1105 GBP

Ordinary 10 10/11p

Purchase

10,000

2.0973 GBP

Ordinary 10 10/11p

Purchase

8,423

2.1275 GBP

Ordinary 10 10/11p

Purchase

6,053

2.1091 GBP

Ordinary 10 10/11p

Purchase

5,931

2.1326 GBP

Ordinary 10 10/11p

Purchase

5,471

2.1480 GBP

Ordinary 10 10/11p

Purchase

2,277

2.0985 GBP

Ordinary 10 10/11p

Purchase

2,109

2.1293 GBP

Ordinary 10 10/11p

Purchase

1,750

2.1420 GBP

Ordinary 10 10/11p

Purchase

1,335

2.1080 GBP

Ordinary 10 10/11p

Purchase

1,299

2.1490 GBP

Ordinary 10 10/11p

Purchase

1,282

2.0965 GBP

Ordinary 10 10/11p

Purchase

1,221

2.1150 GBP

Ordinary 10 10/11p

Purchase

1,179

2.1070 GBP

Ordinary 10 10/11p

Purchase

587

2.1330 GBP

Ordinary 10 10/11p

Purchase

239

2.1200 GBP

Ordinary 10 10/11p

Purchase

238

2.1240 GBP

Ordinary 10 10/11p

Purchase

61

2.1290 GBP

Ordinary 10 10/11p

Purchase

27

2.1220 GBP

Ordinary 10 10/11p

Purchase

25

2.1280 GBP

Ordinary 10 10/11p

Purchase

23

2.1160 GBP

Ordinary 10 10/11p

Purchase

17

2.1390 GBP

Ordinary 10 10/11p

Purchase

2

2.1380 GBP

Ordinary 10 10/11p

Purchase

1

2.1260 GBP

Ordinary 10 10/11p

Purchase

1

2.1000 GBP

Ordinary 10 10/11p

Sale

175,403

2.1212 GBP

Ordinary 10 10/11p

Sale

155,211

2.0980 GBP

Ordinary 10 10/11p

Sale

123,288

2.0990 GBP

Ordinary 10 10/11p

Sale

114,889

2.1255 GBP

Ordinary 10 10/11p

Sale

112,323

2.0979 GBP

Ordinary 10 10/11p

Sale

81,930

2.0987 GBP

Ordinary 10 10/11p

Sale

57,034

2.1372 GBP

Ordinary 10 10/11p

Sale

56,798

2.1210 GBP

Ordinary 10 10/11p

Sale

49,904

2.1211 GBP

Ordinary 10 10/11p

Sale

46,847

2.1266 GBP

Ordinary 10 10/11p

Sale

46,204

2.1079 GBP

Ordinary 10 10/11p

Sale

40,018

2.1218 GBP

Ordinary 10 10/11p

Sale

36,934

2.0986 GBP

Ordinary 10 10/11p

Sale

32,421

2.1391 GBP

Ordinary 10 10/11p

Sale

25,878

2.1460 GBP

Ordinary 10 10/11p

Sale

23,768

2.1439 GBP

Ordinary 10 10/11p

Sale

23,110

2.1313 GBP

Ordinary 10 10/11p

Sale

22,306

2.1295 GBP

Ordinary 10 10/11p

Sale

20,235

2.1440 GBP

Ordinary 10 10/11p

Sale

20,000

2.1345 GBP

Ordinary 10 10/11p

Sale

18,313

2.1405 GBP

Ordinary 10 10/11p

Sale

18,143

2.1298 GBP

Ordinary 10 10/11p

Sale

8,783

2.1163 GBP

Ordinary 10 10/11p

Sale

7,831

2.1348 GBP

Ordinary 10 10/11p

Sale

6,781

2.1435 GBP

Ordinary 10 10/11p

Sale

6,426

2.1499 GBP

Ordinary 10 10/11p

Sale

5,471

2.1480 GBP

Ordinary 10 10/11p

Sale

3,623

2.1101 GBP

Ordinary 10 10/11p

Sale

2,945

2.1090 GBP

Ordinary 10 10/11p

Sale

2,535

2.1165 GBP

Ordinary 10 10/11p

Sale

2,190

2.0920 GBP

Ordinary 10 10/11p

Sale

1,623

2.1070 GBP

Ordinary 10 10/11p

Sale

1,519

2.1033 GBP

Ordinary 10 10/11p

Sale

1,500

2.1481 GBP

Ordinary 10 10/11p

Sale

1,299

2.1490 GBP

Ordinary 10 10/11p

Sale

1,282

2.0965 GBP

Ordinary 10 10/11p

Sale

1,221

2.1150 GBP

Ordinary 10 10/11p

Sale

990

2.0985 GBP

Ordinary 10 10/11p

Sale

841

2.1025 GBP

Ordinary 10 10/11p

Sale

472

2.1106 GBP

Ordinary 10 10/11p

Sale

380

2.1407 GBP

Ordinary 10 10/11p

Sale

239

2.1200 GBP

Ordinary 10 10/11p

Sale

238

2.1240 GBP

Ordinary 10 10/11p

Sale

61

2.1290 GBP

Ordinary 10 10/11p

Sale

27

2.1220 GBP

Ordinary 10 10/11p

Sale

25

2.1280 GBP

Ordinary 10 10/11p

Sale

23

2.1160 GBP

Ordinary 10 10/11p

Sale

17

2.1390 GBP

Ordinary 10 10/11p

Sale

2

2.1380 GBP

Ordinary 10 10/11p

Sale

1

2.1260 GBP

Ordinary 10 10/11p

Sale

1

2.1000 GBP

Ordinary 10 10/11p

Sale

117

2.0974 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

Ordinary 10 10/11p

SWAP

Decreasing Long

500

2.1100 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

587

2.1330 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

617

2.0922 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

879

2.0760 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

1,750

2.1420 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

4,072

2.0820 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

18,682

2.1182 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

88,756

2.0980 GBP

Ordinary 10 10/11p

SWAP

Decreasing Long

144,805

2.1194 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

1,519

2.1033 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

6,426

2.1499 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

7,450

2.1127 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

8,041

2.1423 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

11,199

2.1330 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

12,418

2.1562 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

18,143

2.1298 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

32,502

2.1083 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

37,000

2.1170 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

40,018

2.1218 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

55,816

2.0980 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

76,438

2.1432 GBP

Ordinary 10 10/11p

SWAP

Decreasing Short

100,000

2.1498 GBP

Ordinary 10 10/11p

CFD

Decreasing Short

112,323

2.0979 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

209

2.0900 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

4,998

2.1112 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

7,076

2.1113 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

36,160

2.1287 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

43,748

2.1201 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

49,904

2.1211 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

113,730

2.0980 GBP

Ordinary 10 10/11p

SWAP

Increasing Long

114,889

2.1255 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

4,161

2.1123 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

4,442

2.0965 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

5,805

2.1026 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

8,042

2.1018 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

24,570

2.1186 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

30,260

2.1161 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

51,717

2.1250 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

76,438

2.1499 GBP

Ordinary 10 10/11p

CFD

Increasing Short

91,666

2.0980 GBP

Ordinary 10 10/11p

CFD

Increasing Short

102,958

2.0979 GBP

Ordinary 10 10/11p

SWAP

Increasing Short

170,546

2.0980 GBP

Ordinary 10 10/11p

SWAP

Opening Long

36,934

2.0986 GBP

Ordinary 10 10/11p

SWAP

Opening Long

81,930

2.0987 GBP

Ordinary 10 10/11p

SWAP

Opening Short

10,000

2.0973 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

05 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213